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Premier, Inc.

Premier, Inc. is an American healthcare company headquartered in Charlotte, North Carolina, and listed on the Nasdaq. Initially, it was a hospital buying group, pooling healthcare purchases to reduce prices.[3]

Premier became a public company via an initial public offering in September 2013, raising $760 million.[4] In 2019, two years after acquiring Stanson Health for $51.5 million, it bought the healthcare technology firm Medpricer for $35 million.[5]

In 2020, Premier partnered with McLaren Health Care to acquire a minority stake in Prestige Ameritech, a manufacturer of personal protective equipment (PP).[6] The following year, Michael J. Alkire was appointed as the CEO of the company.[1]

In 2025, the company agreed to be taken private by an affiliate of Patient Square Capital, an investment management firm, in a $2.6 billion deal.[7] The transaction was completed on November 25, 2025.[8]

Awards

  • National Quality Forum's John M. Eisenberg Patient Safety and Quality Award (2016)[9]
  • Cigna Well-Being Award for the years 2016, 2017, 2019 and 2020[10]

References

  1. Mike Hagland. Premier’s New CEO Mike Alkire Shares His Perspectives on the Road Ahead Healthcare Innovation Group, 11 May 2021^
  2. Michael J Alkire "Mike" Bloomberg^
  3. - - Mary Williams Walsh. U.S. Expands Hospital Supply Buying Inquiry The New York Times, 15 August 2002, retrieved 1 June 2021 Barry Meier. A Persistent Small Supplier Gets Contract for Hospitals The New York Times, 4 September 2002, retrieved 1 June 2021 MEDICINE'S MIDDLEMEN; Questions Raised of Conflicts At 2 Hospital Buying Groups (Published 2002) The New York Times, 4 March 2002, retrieved 1 June 2021^
  4. Premier shares jump after IPO raises $760M San Diego Union-Tribune, 2013-09-26, retrieved 2025-09-23^
  5. Caroline Hudson. Charlotte-based Premier Inc. acquires health-care tech firm in $35M deal Charlotte Business Journal, 30 October 2019^
  6. McLaren Health Care Partners with Premier, Inc. and Prestige Ameritech to Expand Domestic PPE Production FOX 47 News, 2020-06-08, retrieved 2020-11-02^
  7. Healthcare firm Premier to go private in $2.6 billion deal Reuters, 2025-09-22, retrieved 2025-09-23^
  8. Patient Square Capital Completes Acquisition of Premier, Inc. MarketScreener, retrieved 2025-12-03^
  9. John M. Eisenberg Patient Safety and Quality Award Recipients Announced The National Quality Forum, 7 April 2016^
  10. BETTER WELL-BEING STARTS WITH BETTER ENGAGEMENT Cigna, 2022^